If you are one of the many people in California who is facing or even in the midst of a divorce, you know firsthand that the process entails a lot more than just one person moving out. It is also about more than just who gets what set of towels or other personal items. In addition to all of your joint assets, you and your spouse will need to figure out how to split your debts.
When you divorce in California, it impacts every area of your life. You have to deal with child custody and muddle through your assets. Splitting up your life can be very difficult. Things become even trickier if you own a business. The effect of the divorce on your business really depends on a few factors, but in many cases, you will end up having to split your business with your ex-spouse.
Your divorce in California can be made easier by working with your spouse to create your divorce agreement. One area that often is contentious is the division of property. However, when you work together on this, you can avoid having the court step in and make decisions that you may not agree with. This process may not always be easy, but there are guidelines to keep in mind to help it go as smoothly as possible.
If you and your spouse have acquired a significant amount of real estate during your marriage, your divorce may be a high-asset one and subject to stricter property division guidelines. At Dianne Drew Butler & Associates, Inc., we represent clients in high-asset divorce cases throughout the Central Valley in California. We possess a thorough understanding of California's community property laws, which we use to help clients obtain the fairest possible settlement in their high net worth divorces.
A prenuptial agreement can serve as a great tool for mitigating common divorce issues, such as the division of property and alimony. Unfortunately, in our experience, there are flaws in the vast majority of California premarital agreements. Such flaws often render those agreements invalid. Our legal team at Dianne Drew Butler & Associates, Inc., often reviews prenuptial agreements with clients to ensure the documents are valid.
When you and your spouse choose to dissolve your marriage, a California judge will attempt to divide your shared property as equitably as possible. A 50-50 split between the two of you may seem like the most fair arrangement, but what is fair is not necessarily just. At Dianne Drew Butler & Associates, we have seen cases in which one spouse attempted to deceive the other by hiding assets by retitling or misappropriation. If you are the victimized spouse in a case such as this, the court may decide to award you a larger share of community assets.
Dividing property in California as the result of a legal separation or divorce can be complicated and costly. Understanding how the court systems view debt and community property before the process begins can save time and prevent unpleasant surprises.
When it comes to the division of marital property during divorce, some things are easy. He gets the TV, she gets the antique furniture. But deciding who gets to keep the beloved family pets isn't always so simple.
When an individual begins the difficult process of ending his or her marriage, he or she may not know where to begin. Though many individuals throughout San Joaquin County have endured divorce, it can be a loaded topic that not all friends and family members want to openly discuss. What divorcing parties should know from the very beginning of the process is that they have some options as to how the matter will unfold.
When Stockton couples decide to divorce they may experience some unpleasant byproducts of the legal process. First, they can find themselves at the mercy of the courts and struggling to have their divorce legal matters heard in what they feel is a timely fashion. Second, they may feel frustration over the many unknown outcomes over which they have no control due to the courts' power to adjudicate litigated divorces.